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This Multifamily Property is no longer advertised on LoopNet.com.
702 Martin Luther King Jr Way
Tacoma, WA 98405
Pennington Apartments · Multifamily Property For Sale
·
52 Units

Investment Highlights
- Walker's Paradise
- Dual Value-Add Opportunity
- Proximity to major employers
Property Facts
| No. Units | 52 | Construction Status | Under Renovation |
| Property Type | Multifamily | Building Size | 33,000 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Mid-Rise | No. Stories | 4 |
| Building Class | C | Year Built/Renovated | 1931/2026 |
| Lot Size | 0.22 AC | Parking Ratio | 0.55/1,000 SF |
| Zoning | R4T, Tacoma | ||
| No. Units | 52 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Construction Status | Under Renovation |
| Building Size | 33,000 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built/Renovated | 1931/2026 |
| Parking Ratio | 0.55/1,000 SF |
| Zoning | R4T, Tacoma |
Amenities
Unit Amenities
- Heating
- Ceiling Fans
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Elevator
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 37 | $940.00 | 475 |
| 1+1 | 15 | $1,365 | 500 - 775 |
Links
Property Taxes
| Parcel Number | 200722-0100 | Improvements Assessment | $6,125,800 |
| Land Assessment | $645,400 | Total Assessment | $6,771,200 |
Property Taxes
Parcel Number
200722-0100
Land Assessment
$645,400
Improvements Assessment
$6,125,800
Total Assessment
$6,771,200
Listing ID: 24470881
Date on Market: 11/11/2021
Last Updated:
Address: 702 Martin Luther King Jr Way, Tacoma, WA 98405
The Stadium District Multifamily Property at 702 Martin Luther King Jr Way, Tacoma, WA 98405 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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